Dunelm Group PLC
XBER:DFQ

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Dunelm Group PLC Logo
Dunelm Group PLC
XBER:DFQ
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Price: 12.9 EUR 1.57% Market Closed
Market Cap: 2.6B EUR

Dunelm Group PLC
Investor Relations

Nestled in the fabric of British retail, Dunelm Group PLC is a compelling narrative of evolution and consumer-centric growth. Founded in 1979 by Bill and Jean Adderley, Dunelm started as a simple market stall business in Leicester, selling ready-made curtains. Over the decades, it has transformed into one of the UK's leading home furnishings retailers, operating over 170 stores nationwide. The company's success story is built on its steadfast commitment to offering a diverse range of high-quality homewares at competitive prices. Dunelm positions itself uniquely in the market by combining a vast assortment of products, including bedding, curtains, furniture, and kitchenware, with a focus on enticing design trends and customer preferences. This blend has allowed the company to cultivate a loyal customer base, leveraging both in-store grandeur and a robust online platform to reach different audience segments.

Dunelm’s business model thrives on its multi-channel approach, synchronizing their brick-and-mortar stores with a sophisticated e-commerce strategy. The online presence is not just a digital storefront but an integral component of its sales engine. The website offers an expansive catalogue coupled with user-friendly features like inspirational content and home delivery options, enabling Dunelm to seamlessly integrate the convenience of digital shopping with the tactile experience of physical retail. By maintaining tight control over its supply chain and pushing for efficiency, Dunelm ensures a smooth flow of operations from sourcing to customer service. This efficiency maximizes profit margins, while the company's deep insights into consumer behavior allow it to adeptly manage seasonal demand and curate exclusive product lines. Through strategic investments in technology and a relentless pursuit of customer satisfaction, Dunelm has cemented its position as a stalwart in the dynamic landscape of home furnishing retail.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Sep 9, 2025
AI Summary
Q4 2025

Sales Growth: Dunelm delivered a 3.8% increase in sales for the year, outpacing a nearly flat market and continuing to gain market share.

Margin Expansion: Gross margin rose by 60 basis points to 52.4%, with strong cost control despite persistent inflation and rising labor costs.

Profitability: Profit before tax reached £211 million, up 2.7% year-on-year, with PBT margin stable at 11.9%.

Cash and Dividends: Operating cash flow increased 10% and free cash flow was £127 million, enabling a 2.3% increase in the total ordinary dividend to 44.5p per share and a special dividend of 35p.

Digital Momentum: Digital sales now make up 40% of total sales, with Click & Collect up around 30%. The company will launch a customer app this autumn.

Strategic Investments: The year saw store expansion, including the first inner London and Irish stores, acquisitions (including Designers Guild), and investments in technology and supply chain.

Leadership Change: CEO Nick Wilkinson will step down, with Clodagh Moriarty announced as his successor.

Key Financials
Sales
£1.8 billion
Gross Margin
52.4%
Profit Before Tax
£211 million
PBT Margin
11.9%
Free Cash Flow
£127 million
Net Debt
£102 million
Net Debt to EBITDA
0.3x
Total Ordinary Dividend Per Share
44.5p
Special Dividend Per Share
35p
Total Dividend Per Share
79.5p
Digital Sales Participation
40%
Market Share
7.9%
CapEx
£67 million
Effective Tax Rate
25.9%
Dividend Cover
1.73x
Earnings Call Recording
Other Earnings Calls
2025
2023
2022

Management

Sir Will L. Adderley
Executive Deputy Chairman
No Bio Available
Ms. Karen Witts F.C.A.
CFO & Director
No Bio Available
Mr. William Adderley
Founder & Life President
No Bio Available
Mr. John Gahagan
Chief Information Officer & Technology Officer
No Bio Available
Ms. Luisa Wright
Company Secretary & General Counsel
No Bio Available
Ms. Amanda Cox
Stores & People Director
No Bio Available

Contacts

Address
LEICESTERSHIRE
Leicester
Watermead Business Park, Syston
Contacts
+441162644400.0
corporate.dunelm.com